Business
Gold Edges Up As Weaker Dollar Offsets Vaccine Optimism
Gold edged higher on Wednesday after retreating in previous sessions, with a weaker dollar helping to offset a shift to equities and other riskier assets on hopes that coronavirus vaccines will spur economic recovery.
Govt to Soon Come Out with Model Tenancy Law to Boost Real Estate Sector
Addressing a webinar organised by realtors body NAREDCO, he said the government's Affordable Rental Housing Complex (ARHC) scheme for migrants, which was launched few months ago, has been progressing well and the programme has the potential to stop creati...
Q&A: Will Twitter, Facebook Crack Down On Trump?
For the past four years, President Donald Trump has enjoyed the special status of a world leader on Twitter and Facebook, even as he used his perch atop the social media pyramid to peddle misinformation and hurl abuse at his critics.
Tokyo To Call For Shortened Hours For Bars, Restaurants: Report
Tokyo will urge bars and restaurants to operate shortened hours, the latest restriction to be implemented in Japan following sharp rises in COVID19 infections, media reported on Wednesday.
Oil Takes Breather After Vaccine Rally as Stockpiles Rise
West Texas Intermediate crude was down 14 cents, or 0.3%, at $44.77 a barrel by 0035 GMT, after rising more than 4% on Tuesday. Brent crude was yet to trade, having risen almost 4% in the previous session.
Risk Assets Rally To Records As U.S. Political Uncertainty Ebbs
Stocks hit record highs on Tuesday while bitcoin and oil prices also rose as political uncertainty subsided after U.S. Presidentelect Joe Biden got the formal goahead to begin his transition to the White House.
As Virus Cases Spike, Financial Outlook For Airlines Dims
With coronavirus cases spiking in the U.S. and Europe, the financial outlook of the worlds airlines is getting worse.
Oil Hits Highest Since March On Vaccine Trials, Biden Transition
Oil rose more than $1 a barrel to its highest levels since March as a third promising coronavirus vaccine raised hope for fuel demand recovery and U.S. Presidentelect Joe Biden began his transition to the White House.
Ford’s New CEO Tackles Warranty Costs In Bid To Boost Profit
Quality is once again Job One at Ford Motor Co.
Bitcoin Climbs Towards All-time High After Topping $19,000
Bitcoin moved to within a whisker of its alltime high on Tuesday, after hitting $19,000 for the first time in nearly three years.
Carrefour Brasil Says It "Deeply Regrets" Death Of Man At Supermarket
Supermarket chain Carrefour Brasil said in a securities filing on Tuesday that it deeply regretted the death of a Black man beaten by security guards last Thursday at one of its Brazil stores, in its first public notice to investors.
Global Shares Mostly Rise On Virus Vaccines, Yellen Hopes
Global shares were mostly higher Tuesday, encouraged by news on the development of coronavirus vaccines and more assurance of a transition of power in the U.S. to Presidentelect Joe Biden.
Tata Group Set to Acquire Majority Stake in BigBasket by Month-End, Alibaba May Exit
BigBasket’s valuation as on March this year was USD 1.23 billion and according to research platform Tofler, the company clocked revenues of Rs 5,200 crore and a loss of around Rs 920 crore. Industry watchers see the move as part of the Tata Group’s strate...
Gold Prices Surge, Silver Drops; Check Rates in Your City
In the national capital Delhi, the price for purchasing 10 grams of 22-carat gold has decreased by Rs 10 and is now at Rs 49,150. The same quantity of 24-carat gold can be bought at Rs 53,610 in Delhi.
Global Stocks Rise As Biden Transition, Vaccine Progress Lift Confidence
Asian shares climbed on Tuesday as news U.S. Presidentelect Joe Biden was given the goahead to begin his White House transition added to an already brighter mood from progress made on COVID19 vaccine and the prospects for a speedy global economic revival
US Army Corps Of Engineers Approves Key Line 3 Permit
The U.S. Army Corps of Engineers on Monday approved one of the last remaining permits for Enbridge Energy's planned Line 3 crude oil pipeline replacement across northern Minnesota, bringing the project a step closer to construction.